JSW Steel’s Q1FY23 Quarter Results
JSW Steel reported 32% YoY revenue growth
- 22 Jul 2022
- JSW Steel reported 19% quarter-on-quarter (QoQ) decline in its consolidated revenues for the quarter ended June (Q1FY23). On a year-on-year (YoY) basis, it witnessed a growth of 32%.
- Its expenses for the quarter were down by 10% QoQ and up 78% YoY.
- The net profit decreased by 75% QoQ and 86% on a YoY basis.
- The earnings per share (EPS) of JSW Steel stood at 3.5 during Q1FY23.
JSW Steel’s Financial Statements for Q1FY23:
| (Rs, crores) | Q1FY22 | Q4FY22 | Q1FY23 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 29,100 | 47,128 | 38,275 | -19% | 32% |
Total Expenses | 20,804 | 41,282 | 36,977 | -10% | 78% |
Profit before tax | 8,619 | 5,074 | 1,281 | -75% | -85% |
Tax | 2,719 | 1,731 | 442 | -74% | -84% |
Profit after tax | 5,900 | 3,343 | 839 | -75% | -86% |
Earnings per share | 24.5 | 13.5 | 3.5 |
Data Source: BSE, Company announcements
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